The Bank of England has delivered a pre-Christmas boost to hard-pressed manufacturers and retailers by cutting interest rates by a half-point.The Bank’s nine-member Monetary Policy Committee voted for the third month in succession to reduce its base rate for lending, moving it from 6.75% to 6.25%. However, this falls below the 1% cut which a… Continue reading Bank Cuts Interest Rate By 0.5%
Channel 5 was risking losing the right to two additional digital channels in its delay to begin broadcasting its main service on digital terrestrial television (DTT), until it announced this morning that its DTT launch is on-track for next week.Although the channel is carried by BSkyB’s digital satellite service, it is the only terrestrial channel… Continue reading Channel 5 Confirms DTT Launch
Both EMAP and Carlton have joined the tests for the new audience measurement system being conducted by the UK arm of Arbitron, Continental Research (see Arbitron Test Run New Audience Measurement Device). Classic FM, Talk Radio, BBC GMR, Channel 4 and the BBC are also amongst the broadcasters involved in the field tests.The system uses… Continue reading EMAP And Carlton Join New Audience Measurement Tests
ITV has teamed up once again with Britannia Music in a sponsorship deal for its Record Of The Year 1998 programmes. Britannia has sponsored ITV’s broadcast of the Brit Awards for the last five years, and the event itself for the last ten years.Record Of The Year will air on Saturday 12 December with a… Continue reading Britannia To Sponsor ITV Music Awards Show
Amra, the regional sales house, has boosted its sales team by nine as it prepares to take on another 60 Trinity titles; Trinity recently acquired Amra (see Newsline).The new sales executives will work on display, including classified, and recruitment.Amra: 0171 820 1000
Regional newspaper and magazine publisher, Regional Independent Media (RIM), has announced that it is to axe around 250 jobs in a rationalisation and development programme. The job losses will be spread across the Group’s ten operating companies in the North of England. The greatest losses will be at RIM’s primary production centres in Leeds and… Continue reading Regional Independent To Cut Jobs Under Development Plans
The Mirror is claiming a victory over its main competitor, the Sun, in the November ABC sales figures which are officially released this Friday.The Mirror says its sales for November are up by 66,000 year on year, where the Sun‘s have fallen (but only by 0.9%). Mirror Group’s managing director, Roger Eastoe, claims that the… Continue reading Mirror Claims November Circulation Success
Channel 4 and ITN today revealed details of the new look Channel 4 News, set for launch next year. Starting from 4 January, the programme will have a new look, a new set and, for the first time, an extended Saturday edition. The new set will feature a video wall and there will be more… Continue reading Channel 4 News Revamp Details
Another programme produced by Carlton Television has been found by the Independent Television Commission (ITC) to be in breach of the Programme Code. Omagh: Thursday Night Special was broadcast on ITV just five days after the devastating bomb in the Northern Ireland town.This prompted a number of complaints to both the ITC and the programme’s… Continue reading Second Carlton Programme Breaches ITC Code
Contrary to most current economic forecasts, Zenith Media has predicted that worldwide advertising expenditure growth is to accelerate over the next three years. There is no recession in prospect, the media analysis company says.The global adspend growth of 3.8% for 1998 is the bottom of the market, according to the Zenith report. Growth is predicted… Continue reading Global Advertising Spend To Grow, Predicts Zenith
